STX Corporation

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STX Corporation

Company type	Public
Industry	Heavy equipment
Founded	1976; 48 years ago (1976)
Headquarters	Changwon, South Korea
Key people	Chairman Park Sang-joon
Products	Trade
Total assets	US$23 billion (2008 2Q)
Number of employees	44,000 (STX Total) 2008 20,000 (STX Europe)
Subsidiaries	STX Marine Service STX Resort
Website	STX Corporation

STX Corporation is a South Korean company that provides trading services and is publicly held. The company operates through two divisions: trade and ship maintenance. Its trade division deals with shipping and energy materials such as coal, oil, and steel. The ship maintenance division offers services such as cargo management, marine technical, insurance, crew management, and other related services. The headquarters of STX Corporation is located in Gyeongsangnamdo, South Korea.

The company had five local subsidiaries including STX Offshore & Shipbuilding, STX Engine, STX Heavy Industries, STX PanOcean and STX Energy.

STX Offshore & Shipbuilding was the world's fourth largest shipbuilder and in 2008 acquired Norwegian shipbuilder Aker Yards, to diversify their product line.^[1]